PARADISE
WITHIN REACH
Coastal land from $265k • 90 minutes from Perth’s CBD
STAGES
11 & C
NOW SELLING
OVER
1,500
LOTS SOLD
CAPITAL GROWTH
22.9%
LAST 12 MONTHS
Coastal Living
Built To Last
Situated right at the gateway to Western Australia’s Turquoise Coast, Lancelin South offers the ultimate balance between peaceful coastal seclusion and modern connectivity. Whether you’re raising a family, downsizing, or chasing weekends by the water, it’s built for people who want more out of life.
What’s here today is only the beginning. Every school, medical hub, and retail center is already mapped into the Lancelin South masterplan, ensuring your lifestyle and property value expand together from day one.
It’s also proving itself as one of the strongest-performing coastal markets in WA.
Rental Vacancy Rate
ANNUAL VISITORS
TO PERTH AIRPORT
TO THE BEACH
AVAILABLE
PROJECT STAGES
STAGE 11
STAGE C
ONE COASTAL ASSET
ENDLESS OPTIONS
Move in, rent it out, or hold for growth – a block at Lancelin South works on your terms. Designed for positive cashflow, run your property as a short-stay holiday rental for standout yield, or hold it long-term and let the tax advantages for new-builds do the work.
Short-stay holiday let
At a conservative 60% short-term rental occupancy, the package is projected to return a yield in the mid-teens; among the strongest available in the WA market. With 200,000+ visitors to the region each year, the demand is real.
Long-term lease
As a brand-new build, the property attracts substantial tax benefits. Because depreciation is a non-cash deduction, it reduces your after-tax holding costs, bringing a long-term hold toward breakeven while WA’s growth runs in the background.
15%+
11.7%
0%
$1,200+
*Disclaimer: These illustrative projections assume an $800,000 H&L cost (10% Year 1 deposit), historical growth, and estimated tax/leverage efficiencies. Actual results will vary based on individual circumstances and market conditions. Lancelin data: 12 months to mid-2026 (Sources: Cotality, SQM, AirBnB).
Lancelin South sits 90 minutes from one of the strongest-performing property markets in the country — here’s the wider Perth picture behind it.
Still the strongest annual growth of any capital, the legacy of severe inventory shortages and strong interstate migration through 2024-25 — though listings have since risen sharply.
A transformational three-year equity cycle. Perth shifted from historic undervaluation into one of Australia’s strongest capital growth markets, even after the recent pullback.
| Performance Metric & Indicator |
Current |
12 Months (1 Year) |
36 Months (3 Years) |
|---|---|---|---|
|
House Capital Growth (%)
|
— | +15.6% | +75% |
|
Empirical Market Commentary:
Houses remain up 15.6% for the year — still the strongest annual pace of any Australian capital city. The 36-month expansion reflects cumulative equity gains of roughly $448,000 for the median house owner, built on interstate migration and constrained land releases.
|
|||
|
Unit Capital Growth (%)
|
— | +17.0% | +65% |
|
Empirical Market Commentary:
Units have outpaced houses on annual growth (+17.0% vs +15.6%) as affordability constraints direct first-home buyers and budget-focused investors toward medium and high-density attached dwellings.
|
|||
|
Median House Value ($)
|
$1,043,000 | $903,000 | $595,000 |
|
Historical Baseline Context:
Perth’s median house value rose from ~$595,000 three years ago to $1,043,000 today. On Cotality’s broader dwelling measure, Perth ($999,987) has now overtaken Melbourne ($786,718) and still sits well below Sydney ($1,222,718).
|
|||
|
Median Unit Value ($)
|
$733,000 | $627,000 | $445,000 |
|
Historical Baseline Context:
Perth’s median unit value has climbed from ~$445,000 three years ago to $733,000 today. Units still offer attractive gross rental yields (near 5%), drawing strong cash-flow driven interest from interstate investors — though yields have compressed as values outran rents.
|
|||
|
House Rent ($/wk)
|
$750 | $700 | $590 |
|
Rental Market Dynamics:
House rents have held steady at a record $750/week for several months, still 7.1% higher than a year ago. Persistent rental undersupply has allowed landlords to bank consistent, above-inflation returns, even as growth has moderated from the sharp pace of 2023-24.
|
|||
|
Unit Rent ($/wk)
|
$700 | $650 | $555 |
|
Rental Market Dynamics:
Unit rent growth (+7.7% annually) is running slightly ahead of houses (+7.1%), driven by strong tenant competition in central and coastal transport corridors.
|
|||
|
Gross Yield (House / Unit)
|
~4.7% / ~5.2% | ~4.0% / ~5.4% | ~4.6% / ~6.4% |
|
Yield Benchmark:
Yields have compressed steadily as capital growth outran rents — but Perth still leads most mainland capital cities on potential for generating positive cash flow.
|
|||
DEVELOPED BY
- NSW
- VIC
- QLD
- WA
- SA
With over 20 years of experience in the industry, our projects are a testament to our commitment to diversification and excellence. Every project is delivered with the highest standards of quality, regardless of sector. We turn vision into reality.
$6 Billion+
Total assets invested in Australia
100 Million+ m²
Reserve land
10,000+
Homes under planning or construction
With an elite senior management team based in Australia’s highest performing capital cities, our passion and focus on developing world class property, commercial, hotel and resort projects has seen VIMG’s property portfolio expanded to over $6 billion AUD.
LIFE AT
LANCELIN SOUTH
Build your dream home in a working coastal town, 90 minutes from Perth, where the beach, fresh local produce and your morning coffee are all a short walk from home.
